A “stalled and collapsing pipeline project” valued at a cool C$9 billion is listing in as-is condition on the Craigslist Ottawa page, with the Prime Minister’s Office at 80 Wellington St. cited as the contact address.
The 36”-diameter, 980-kilometre-long pipeline is listed in salvage condition, and the vendor is said to be willing to accept payment in cryptocurrency. (Because, hey, why not?)
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There’s no indication on the page of who (presumably) posted the sales offer on the PMO’s behalf.
“For sale: One pipeline project, in fair condition. Comes with federal approval. (Subject to 15 legal challenges, but it’ll be fine.) Also comes with a vintage 1950s pipeline,” the listing states.
“The vintage pipeline is a handyman’s dream project. It has been in place since the 1950s and has only had around 70 spills—a great fixer upper.
“Nestled in a cozy right of way, with mountain, river, and ocean views, and through prime agricultural and dense residential real estate in Vancouver’s red-hot housing market! Close to schools, day cares, and community centres. (The neighbours can be a little loud, but we find it’s easiest just to ignore them.)
“Buyers must be prepared to hold $500M in cash for oil spill liability, which we think is such a low likelihood that we haven’t even done any modelling.
“Asking $9B (CAD) OBO. Ask for Justin.”
(h/t to The Energy Mix subscriber and Below2C co-publisher Ken Johnson for pointing us to this story)
